Property Rates in Erandwane, Pune

As of March 2026, the average asking price for residential apartments in Erandwane is ₹23,350 per sq ft. This is notably higher than the Government Registration Rate, which is ₹17,950 per sq ft. This difference suggests that market asking prices are currently exceeding the rates used for official property registrations in Erandwane.

In Erandwane, Pune, the property price trend shows some fluctuations. From June 2025 to March 2026, the average location rate increased from ₹22,350 per sq ft to ₹23,350 per sq ft, marking a 4.45% appreciation. However, within this period, micromarket rates saw more significant shifts, decreasing from ₹20,700 per sq ft in June 2025 to ₹15,700 per sq ft in March 2026, indicating varied performance across sub-localities.

Property rates vary significantly across neighborhoods near Erandwane. As of March 2026, Deccan Gymkhana shows an average rate of ₹25,950 per sq ft, appreciating by 0.8%. Model Colony has seen an 8.84% appreciation to ₹23,150 per sq ft. In contrast, Sadashiv Peth has experienced a substantial 32.56% appreciation to ₹19,650 per sq ft, while Karve Nagar has depreciated by 4.55% to ₹18,600 per sq ft. Dahanukar Colony has seen a significant decrease of 11.2% to ₹16,100 per sq ft.

As of March 2026, the average price for apartments in Erandwane, Pune, is ₹23,350 per sq ft. This indicates a price appreciation of 4.45% over the recent period. The data reflects the current market asking price for this property type in the locality.

In Erandwane, property prices vary by construction status as of March 2026. 'Under Construction' properties are priced at an average of ₹19,850 per sq ft, showing a 0.58% increase. 'Ready To Move' properties are available at ₹17,700 per sq ft, with a slight appreciation of 0.78%. 'New Launch' properties are priced at ₹18,750 per sq ft, experiencing a 2.2% depreciation. 'Partially Ready To Move' properties are the most expensive at ₹24,950 per sq ft, though they have seen a 6.49% depreciation.

As of March 2026, projects like Fortune Smita Apartments in Bhonde Colony and Himali CHS in Vakil Nagar have recorded transactions. Both projects show 1 transaction. Fortune Smita Apartments is listed at ₹22,250 per sq ft with a total sale value of ₹2.5 Cr, while Himali CHS is at ₹16,600 per sq ft with a sale value of ₹1.82 Cr. Both have seen no change in their rates.

As of March 2026, several projects in Erandwane are listed at high rates. Fortune Prashanti CHS and Swojas Aarohi are listed at ₹30,000 per sq ft and ₹29,500 per sq ft, respectively. Venkatesh Erandwane Central is listed at ₹24,950 per sq ft, showing a depreciation of 6.49%. Other projects like Venkatesh The Pleasant CHS and Swojas Avanti are listed at ₹24,000 per sq ft.

As of March 2026, several developers have recorded one transaction each in Erandwane. These include Sahara Constructions, SK Fortune Group, Alliance Group Pune, and Suma Shilp. This indicates a fragmented developer activity with multiple smaller players active in the market.

As of March 2026, the average rental rate in Erandwane, Pune, is ₹48 per sq ft, with no reported change percentage. The rental yield for properties in Erandwane is calculated at 2.47%. This yield indicates the annual return an investor can expect from rental income relative to the property's capital value.

As of March 2026, rental rates across several neighborhoods in and around Erandwane are consistently reported at ₹50 per sq ft. These include Pandurang Colony, Navi Peth, Prabhat Road, Vakil Nagar, Law College Road, Dattawadi, Sadashiv Peth, and Mahaganesh Colony, with no change percentage reported for most. However, Ganesh Nagar shows a depreciation of 4.76% to ₹50 per sq ft, and Ideal Colony has seen a significant depreciation of 25.35% to ₹50 per sq ft.

As of March 2026, the average rental rate for a 2 BHK apartment in Erandwane, Pune, is ₹38,350 per month. This figure represents the typical monthly rent for this common apartment configuration in the locality, providing a benchmark for tenants and landlords.

As of March 2026, several projects in Erandwane are listed with high rental rates per sq ft. Rahul Apartments Erandwane leads with ₹58 per sq ft, followed by Sahara Trimurti Apartment at ₹56 per sq ft. Minal CHS Erandwane, Yashodhan CHS Erandwane, Amar CHS Erandwane, Anand Residency Erandwane, Surabhi Ashwini Apartment, Vaibhav Chambers Erandwane, Sankul Apartments, and Ekdant Apartment Erandwane are all listed at ₹50-₹55 per sq ft, with no change percentage reported for these top rental projects.